Latest Mining stories on ABC Online

The falling price of crude oil has pushed Royal Dutch Shell to axe 6,500 jobs and slice $3 billion from capital spending. But falling prices mean assets are being picked up at bargain prices, with a once unviable Queensland coal mine selling for just one dollar. Business editor Peter Ryan speaks ...

A survey of mining industry bosses is predicting more job cuts as the prices of commodities like iron ore and coal fall. The annual report by Newport Consulting found that 80 per cent of bosses surveyed plan to reduce staff this year and cut capital spending. The report says that thousands of mining ...